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Management’s Discussion and Analysis of Financial Condition and Results of Operations
14 Ford Motor Company | 2008 Annual Report
2+2+2+622'7!.87B>>M72.)7 7! $ !7!7!.77 7.--9,77! .7!(97.7$9
7.73$!- 7!7.%!;77&7! .7.-7$ -7!73!7! $7!7$ .-!.7.7,7.-.87,7$77
.-7&77,.7.27: 7.7.:7!7 7!-9.7$ .-!.R7 7.7,.7!7B>>K87.7.-7I7
&$37.27B>>K7.$!7.77&7.O7-R7!7,.;77 7$ 7! $ !7!7B>>M7!-$7 7
,7.72. 7!)$7.7 7( 7"*/873 7,! 7.(.87!! 7&!7 $39!-7!;77'7B>>K87,7
-.$7.777$7!7!.7.77.7!7)7!.7.!!7!.72.) ;777
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7
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2
%2622$7.-7!7 7-!(73 7!7-.77.27 73 7!7-.7!7$-7!!7!7(7,7(!-7,7
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!% !7.7 $373 !87 7!7.7-!(7$7 7B>?73 7$-727.7$7 7@G?7,7
B
72!!7
($7-.7!-.2 7!87,! $ 7.!!!7!(!72.;777B>@D87,71 7 7$7JG>8>>>7
 7!7!7 72!.77.7.$.-73.!;7747.(7(-7.7$ .!.3!-! 7 . 7 . 7$ -!7$ $7
-7. ,.77$7(!-7$ !7!7 7.872!7.7-7 2;77.7 27,7.7! $!7 87
$3-!7 7$237.7(-$27$ !77$73!7.7!2-2 !7$-7.(!7 -!7$7.7!197
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